Practically, there are countless soccer clubs in the world, and tens of them are well recognized any worthy, but are they really what they claim to be, is definitely a question being asked by various soccer regularity authorities to ensure no one gets succeed in backend money scams. Spanish soccer club Malaga is one club who has recently been banned by UEFA for at least one season along with imposing a €300,000 fine, coz, reportedly, club did not meet its due bills in time; perhaps, UEFA also asked it to stop spending more than they are allowed according to Financial Fair Play. Moreover, governing body has also given club a March deadline to clear all its debts, including dues to other teams, staff, players, and tax authorities. UEFA issued a statement about its said ban where it says, “Uefa's club financial control body has taken its first decision due to the presence of significant overdue payables. Malaga is excluded from participating in the next Uefa club competition for which it … [Read more...]
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